OTCQX: CLLXF) is pleased to announce that it has completed a 450 line-kilometer drone magnetic survey ("Drone Magnetic Survey") to provide high-resolution data over the current mineral resources at the Company's 100% owned Nash Creek Project within the Bathurst Mining District of New Brunswick. The Nash Creek Deposit is related to structurally controlled near vertical faults that channeled fluids before dispersing laterally as flat-lying stratabound zinc-lead-silver mineralization. The Drone Magnetic Survey was completed to help identify and delineate these near vertical faults.

The Company will test its Hook Lake Target, a target that has been identified by multiple electromagnetic surveys located near HudBay's 777 Mine and Mill. OTCQX: CLLXF) is pleased to announce that it has commenced its 2018 winter drilling campaign (the "Campaign") at the Big Island and Flin Flon Projects within the Flin Flon Mining District of Manitoba (See Figure 1).

Callinex aggressively moved forward its advanced-stage assets in the Bathurst Mining District supported by the robust zinc market where the price rose by 29% in 2017, further building on a 60% increase from 2016. A milestone in 2017 was the completion of a maiden drilling campaign at the Nash Creek Project, which culminated with the major expansion of the Nash Creek Deposit to the north.